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HUL's Q2 revenue, net profit rise as business back to normal level

A poll of analysts done by Bloomberg had pegged the firm's net profit at Rs 1,915 crore

Sanjiv Mehta
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“Rural markets have been resilient and continue to do better than urban areas. Though the worst is behind us, we are cautiously optimistic on demand recovery," said Sanjiv Mehta, Chairman & MD, HUL

Viveat Susan Pinto Mumbai
Hindustan Unilever (HUL), the country's largest consumer goods company, appears to have put the challenges emanating from the Covid-19 pandemic and lockdown firmly behind it.

On Tuesday, the company reported an 8.7 per cent year-on-year increase in net profit to Rs 2,009 crore for the July-September period (Q2), beating Street estimates by a wide margin.  

A poll of analysts done by Bloomberg had pegged the firm's net profit at Rs 1,915 crore. Its revenue for the quarter rose 16.1 per cent from a year ago to Rs 11,442 crore.

Consensus estimates by Bloomberg had pegged the revenue at Rs 11,138 crore for the

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First Published: Oct 21 2020 | 1:16 AM IST

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